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Not-for-Profit Accounting Update


Total Credits: 4 including 4 Accounting (Governmental) - Technical

Categories:
Technical
Speaker:
Melisa F. Galasso
Duration:
4 Hour
License:

Dates


Description

This course reviews the latest developments affecting not-for-profit entities.  The course includes a deep dive into Revenue Recognition for Grants & Contracts and its interplay with Topic 606.  It will also provide an overview of what you need to consider in order to implement standards impacting nonprofit entities, including the definition of collections and goodwill amortization for nonprofits. Finally, this course will also cover FASB Accounting Standard Updates that will impact NFPs including reference rate reform, restricted cash, and leases.

Handouts

Speaker

Melisa F. Galasso's Profile

Melisa F. Galasso Related Seminars and Products

Founder and CEO

Galasso Learning Solutions LLC


Melisa Galasso is the founder and CEO of Galasso Learning Solutions LLC. A CPA with nearly 20 years of experience in the accounting profession, Melisa designs and facilitates courses in advanced technical acconting and auditing topics, including not-for-profit and governmental accounting. She also supports essential professional development, audit level training, and train the trainer efforts. Melisa is a Certified Professional in Talent Development (CPTD) and has earned the Association for Talent Development Master Trainer™ designation. Her passion for instructional design and adult learning techniques is one of the differentiators that set her apart from other CPE providers. Within the industry, Melisa serves on the FASB’s Not-for-Profit Advisory Committee (NAC), AICPA Council, and the VSCPA’s Board of Directors. She previously served on the AICPA’s Technical Issues Committee (TIC) and is a past-Chair of the NCACPA’s A&A committee. Melisa also authors the AICPA’s State and Local Government Guide and serves as a SME for the Center for Plain English Accounting.